Mexican wind project to be funded by IDB

The Inter-American Development Bank approved a 1.1 billion Mexican pesos ($72 million) loan to help finance the construction of a 396 MW wind farm in Mexico.

The loan will be controlled by Macquarie Mexican Infrastructure Fund and other investors and was granted to Mareña Renovables Capital SAPI de CV.

The project will be located in the La Ventosa region of Oaxaca state. It is scheduled to use 132 turbines and includes the construction of a 52 km transmission line. It will supply energy under 33 self-supply agreements with two beverage companies in Mexico.

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